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USA: Buy an Amp Electric vehicle, get a federal tax credit

Automobiles made by Amp Electric Vehicles have been qualified by the IRS for a federal tax credit.

The Federal Plug-in Electric Drive Motor Vehicle Credit amounts to $7,500. Both retail and fleet buyers are eligible.

“Given the recent increase in gas prices and the low operating cost of an EV (electric vehicle), more buyers are turning their attention to EV alternatives,” said Jim Taylor, CEO of the Loveland-based Amp (OTCBB: AMPD).
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